S2, No, you have hopefully cleared the point up for those who didn't understand.
The difficulty most folk have is getting to grips with the "let out clause" (my italics) in the definition of IFR; ie, Rule 33 (d).
The Police Air Ops Manual refers to this as "visual contact flight", or VCF.
I do think it's time the rules were written in more plain English to remove these anomalies; but I ain't volunteering.